Posted 3 months ago
Procurement Manager
AI Summary
The Procurement Manager plans and executes procurement for raw materials, finished goods, packaging, and operational requirements, ensuring cost-effective sourcing, timely supply, and strong vendor relationships.
About this role
Our client, a leading FMCG company, part of a centenary group, is looking for a Procurement Manager.
Job Summary:
The Procurement Manager is responsible for planning, managing, and executing procurement activities for raw materials, finished goods, packaging, and other operational requirements. The role ensures cost-effective sourcing, timely supply, and strong vendor relationships while adhering to quality standards and regulatory compliance.
Key Responsibilities:
1. Strategic Sourcing & Procurement:
o Develop and implement procurement strategies aligned with business goals.
o Identify, evaluate, and select vendors based on quality, cost, delivery, and reliability.
o Negotiate contracts, pricing, and terms to achieve cost savings and favourable agreements.
2. Supplier Relationship Management:
o Build and maintain strong relationships with suppliers and service providers.
o Monitor supplier performance and conduct regular reviews to ensure compliance with agreements.
o Address and resolve any supply-related issues or disputes promptly.
3. Cost Management & Budgeting:
o Monitor procurement budgets and ensure cost optimisation without compromising quality.
o Implement cost-saving initiatives and track procurement KPIs.
o Conduct market research to anticipate price trends and mitigate risks.
4. Inventory & Supply Chain Coordination:
o Collaborate with the supply chain, production, and logistics teams to ensure uninterrupted supply.
o Forecast material requirements and plan procurement schedules accordingly.
o Minimise stock-outs, excess inventory, and wastage.
5. Store Management
o Develop and implement efficient store and inventory management strategies to support operational excellence.
o Oversee day-to-day store operations, ensuring optimal stock levels, timely reordering, and strict FIFO compliance.
o Reduce wastage, prevent overstocking, and streamline purchasing, receiving, storing, and issuing processes.
6. Team Management:
o Manage a team of 10 comprising of Procurement and Freight Service Management.
7. Compliance & Reporting:
o Ensure all procurement activities comply with company policies, industry standards, and legal regulations.
o Prepare procurement reports, dashboards, and analysis for senior management.
o Maintain accurate records of purchases, suppliers, and contracts.
Requirements
Qualifications & Experience:
· Bachelor’s degree in Supply Chain Management, Business Administration, or a related field.
· 5–8 years of experience in procurement, preferably within the FMCG sector.
· Strong knowledge of sourcing, contract negotiation, and vendor management.
· Proficiency in procurement software and MS Office.
Skills & Competencies:
· Strong analytical, negotiation, and decision-making skills.
· Excellent communication and interpersonal abilities.
· Ability to work under pressure and manage multiple priorities.
· Attention to detail, integrity, and ethical conduct.
We reserve the right:
- To call only the shortlisted candidates for interview.
- Not to make any appointment following this advertisement nor to assign any reason whatsoever for accepting or rejecting any candidate.
Skills
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